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Costamare

114 hedge funds and large institutions have $82M invested in Costamare in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 46 increasing their positions, 24 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

256% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 9

92% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 24

24% more funds holding

Funds holding: 92114 (+22)

20% more call options, than puts

Call options by funds: $968K | Put options by funds: $809K

1.31% more ownership

Funds ownership: 14.91%16.23% (+1.3%)

21% less capital invested

Capital invested by funds: $103M → $82M (-$21.3M)

Holders
114
Holders Change
+22
Holders Change %
+23.91%
% of All Funds
2.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
46
Reduced
24
Closed
9
Calls
$968K
Puts
$809K
Net Calls
+$159K
Net Calls Change
+$489K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.63M -$1.74M -262,742 -13%
YCMGA
2
York Capital Management Global Advisors
New York
$6.44M
BFA
3
BlackRock Fund Advisors
California
$4.65M +$1.04M +156,349 +23%
PPA
4
Parametric Portfolio Associates
Washington
$3.89M +$4.33M +653,133 +1,551%
Boston Partners
5
Boston Partners
Massachusetts
$3.08M +$2.19M +330,532 +150%
LSV Asset Management
6
LSV Asset Management
Illinois
$2.55M
State Street
7
State Street
Massachusetts
$2.42M +$24K +3,614 +0.8%
Two Sigma Investments
8
Two Sigma Investments
New York
$2.1M +$2M +302,006 +410%
CEP
9
Chicago Equity Partners
Illinois
$1.9M +$261K +39,430 +13%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$1.8M +$1.25M +188,055 +141%
Russell Investments Group
11
Russell Investments Group
United Kingdom
$1.65M +$1.95M +294,783 New
JIR
12
James Investment Research
Ohio
$1.65M +$580K +87,500 +42%
GC
13
Guggenheim Capital
Illinois
$1.61M +$884K +133,288 +86%
TA
14
Teachers Advisors
New York
$1.6M +$25.7K +3,875 +1%
Northern Trust
15
Northern Trust
Illinois
$1.49M +$340K +51,256 +24%
BIT
16
BlackRock Institutional Trust
California
$1.36M +$188K +28,378 +13%
TCIM
17
TIAA CREF Investment Management
New York
$1.34M +$130K +19,663 +9%
Jacobs Levy Equity Management
18
Jacobs Levy Equity Management
New Jersey
$1.23M +$1.46M +220,016 New
JP Morgan Chase
19
JP Morgan Chase
New York
$1.22M +$1.44M +217,784 New
NI
20
Numeric Investors
Massachusetts
$1.21M +$1.36M +205,110 +1,848%
LKIM
21
Lawson Kroeker Investment Management
Nebraska
$1.11M -$738K -111,287 -36%
Goldman Sachs
22
Goldman Sachs
New York
$1.07M +$688K +103,774 +120%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$1.06M +$986K +148,677 +365%
UBS Group
24
UBS Group
Switzerland
$1.04M -$262K -39,562 -18%
HCM
25
Highbridge Capital Management
New York
$1.03M +$851K +128,362 +228%

CMRE Hedge Fund Activity: Q4 2016 in Review

114 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Costamare (CMRE) for Q4 2016, worth a combined $82M — down 21% from $103M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CMRE positions and 9 closed out — a net gain of 23 holders — while 46 added to existing stakes and 24 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $4.33M. The largest seller was Global X Management Company, exiting entirely with an estimated $9.3M sold.

  • 114 institutional investors held Costamare (CMRE) as of Q4 2016, up from 92 in Q3 2016.
  • Funds reported $82M of Costamare stock for Q4 2016, down 21% quarter-over-quarter.
  • 32 funds opened new Costamare positions in Q4 2016 and 9 closed out, a net change of +23 holders.
  • The largest Costamare buyer in Q4 2016 was Parametric Portfolio Associates, an estimated $4.33M added.
  • The largest Costamare seller in Q4 2016 was Global X Management Company, an estimated $9.3M sold.

Based on aggregated 13F filings for Q4 2016.